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India News on October 8, 2012


  • Karnataka Chief Minister Jagadish Shettar met External Affairs Minister SM Krishna and requested him to ask Chief Minister to change his order on sharing Cauvery water with Tamil Nadu. It is known that the PM has asked Karnataka to share 9,000 cusecs of water to Tamil Nadu following Cauvery River Authority's order.
  • The Independent directors of DLF have sought a probe into the allegations of controversial transactions between Robert Vadra and DLF. The shares of DLF slumped to 229.5 in the morning on Monday.
  • The Indian Commercial Pilots Association writes to Civil Aviation Minister Ajit Singh seeking his intervention in resolving their grievances which include payment of due salaries and allowances.
  • Referring to corruption allegations on Robert Vadra, Finance Minister P Chidambaram said government cannot probe private deals unless there is a specific allegation of quid pro quo.
  • There was a breach in security at the Jammu and Kashmir Assembly putting the security at the Assembly under scanner. The incident triggered chaos leading to a chase from marshals. The youth managed to jump from the public gallery when the session was going on around 10:30 am. The MLAs, state ministers and the speaker were taken aback by surprise. The identity and motive of the youth is not yet known.
  • Karnataka Chief Minister Jagadish Shettar conveyed the Supreme court of India that it is not possible to release more water to Tamil Nadu. The Supreme Court will review Karnataka's petition on October 12 after Karnataka sought a deferment.
  • Indian Oil has reduced the Petrol price by 56 paise per litre effective midnight tonight. The decision was taken due to the appreciation in rupee value against the US dollar. The petrol would cost Rs. 67.90 per litre in Delhi as against 68.46 per litre presently. Petrol in Mumbai will be cut by 71 paise and 70 paise in Kolkata. The Bharat Petroleum Corp and Hindustan Petroleum Corp are also expected to reduce the prices.
  • Asha Bhosle's daughter Varsha Bhosle commits suicide at her Peddar Road residence in Mumbai.
  • Kapil Sibal announces the new version of Aakash tablet PC is expected to be available from 11 November 2012 onwards.
  • An Indian TV sting operation showed six umpires agreeing to spot-fix or provide pitch and team information for money. Bangladesh umpire Nadir Shah, who is currently in the ICC international panel of umpires is in the list. The umpires are Nadeem Ghauri and Anees Siddiqui from Pakistan, Sagara Gallage, Gamini Dissanayake and Maurice Winston from Sri Lanka and Nadir Shah from Bangladesh.

  • Foreclosureindia.com – Free access to all Auction Property Details / Free Foreclosure Listings across India – Enhanced NPA’s Disposal
    Foreclosureindia.com is the one and only website in India listing all the auction properties of all the banks and financial institutions across India since Nov 2009 Business Wire India

    Sterlite Industries (India) Limited; 80 MW CPP at Tuticorin Synchronised
    Sterlite Industries (India) Limited announces that the first 80 MW unit of its 160 MW thermal power plant at Tuticorin has been successfully synchronised on 30th September 2012. The power from the first unit will be predominantly used for captive consumption at its Copper Smelter operations at Tuticorin. Business Wire India

    ‘Best Supply Chain Consultant of the Year’ Award for Vector Consulting
    Vector Consulting Group, the leading consulting firm specializing in Theory of Constraints (TOC) in India, has won the prestigious award for ‘Best Supply Chain Consultant of the Year’ at the 6th ELSC Manufacturing Supply Chain Excellence Awards 2012, held at the Taj Lands End, Mumbai Business Wire India

    Zoho integrates Zoho Mail with Zoho Sites
    --Manage Websites, Domains and Email Accounts from Zoho Sites console -- Zoho Mail joins Zoho Creator, YouTube, Google Apps and other integrations Zoho today announced the integration of Zoho Mail , the company’s email hosting service, with Zoho Sites , its easy-to-use website builder Business Wire India

    Renault Selects HP for Private Cloud Services
    HP today announced that French automaker Renault S.A. has selected an HP Utility Services solution to support the development of innovative new telematics services for its electric cars. Business Wire India

    BCCL Increases its stake to 8% in Eco Recycling Ltd
    Bennett Coleman & Company Limited (BCCL) increased its stake to 7.98% in Eco Recycling Ltd (Ecoreco) by acquiring 800,000 Equity Shares @ Rs. 43 per share. This is the second round of equity acquisition by BCCL in Eco Recycling Ltd Business Wire India

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